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HSBC names new retail head

By Maria Santos
1 min read
pg 4 hsbc reuters
pg 4 hsbc reuters
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HSBC Holdings has named Charlie Nunn as chief executive of its retail banking and wealth management business to replace John Flint, who will take over as the British lender’s overall chief executive.

Nunn joined the bank in 2011 and is already acting head of HSBC’s retail banking and wealth management business.

In Hong Kong, Kerry Properties (0683) announced that Wong Siu Kong, 66, will relinquish his position as chief executive and will remain chairman and an executive director.

Wong has been the chairman of the board since 2013 and chief executive since 2015.

Ho Shut Kan, 69, who has been an executive director of the company since 1998, will be re-designated chief executive and will become a member of the remuneration committee and the nomination committee of the company. He is also a director of Kerry Holdings Limited, the controlling shareholder of the company, and a director of China World Trade Center Co.

TV operator i-Cable Communications (1097) announced that Irene Leung Shuk-yee has been named chief operating officer with effect from tomorrow.

The 48-year-old is an experienced senior manager in the telecommunications industry, having developed her expertise in fixed and mobile telecom services, i-Cable said in a filing to the Hong Kong stock exchange.

Questions & Answers

Q.

Which specific business area will Charlie Nunn now lead at HSBC?

A.

Charlie Nunn has been named chief executive of HSBC's retail banking and wealth management business. He is already acting head of this division, having joined the bank in 2011.

Q.

What new responsibilities will Ho Shut Kan assume at Kerry Properties?

A.

Ho Shut Kan will be re-designated chief executive of Kerry Properties. He will also become a member of the remuneration committee and the nomination committee of the company.

Q.

What is Irene Leung Shuk-yee's professional background according to i-Cable Communications?

A.

Irene Leung Shuk-yee is described as an experienced senior manager in the telecommunications industry. She has developed her expertise in both fixed and mobile telecom services.

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